Global technology and services supplier the Bosch Group is strengthening its presence in the Indian growth market. In 2016, Bosch plans to invest more than 100 million euros in its Indian manufacturing and development locations, according to Peter Tyroller, the member of the Bosch board of management responsible for the Asia Pacific region.
The bulk of this investment is going toward expanding the Bosch Adugodi location in Bangalore, southern India. In the last two years, Bosch has invested nearly 50 million euros to turn its oldest Indian manufacturing location into a high-tech development center.
In September, Bosch inaugurated two new facilities that offer space for 20 state-of-the-art research and test labs. More investments are planned to keep expanding the Adugodi location in the coming years.
India is an important development hub for Bosch. “The expansion of the Adugodi site illustrates how important India is for the Bosch Group as an innovative location,” said Tyroller.
Bosch’s development activities in India are the most comprehensive outside Germany, according to the company, with more than 14,000 associates currently employed in this area. Around 3000 of them work at the new facilities in Adugodi, which were planned with a special focus on creating an inspiring work environment, says Bosch.
Bosch engineers in India develop solutions in a number of areas, including driver assistance and security systems, data mining, and software solutions for the Internet of Things (IoT). As a result, Bosch is gaining significance as a software employer in India. This year the company plans to hire 3500 local graduates.
With a total of more than 30,000 associates in India, Bosch is one of the country’s largest employers.